Patricia Kessler Poppe is the CEO of CMS Energy Corporation, a role she has held since July 1, 2016. With a strong background in engineering and management, she earned a master’s degree from Stanford University and both a bachelor’s and...

Number of Employees

8.36K

Year

2023

Total Compensation

$3.20M

Salary

$1.24M

Board Justification

The compensation program is designed to align with shareholder interests, attract and retain top talent, reward measurable results, and ensure fairness and competitiveness in compensation.

Bonus

$1.95M

Board Justification

Annual incentive awards based on the achievement of Annual Incentive EPS and Annual Incentive Utility goals, resulting in a payout of 126% of target for 2023.

Other

$23.85K

Board Justification

Includes contributions to the DCCP, DC SERP, life insurance premiums, and executive physical examination costs.

Restricted Stock

$0.00(0 restricted stock)

Board Justification

Performance-based restricted stock awards vest based on the relative TSR and LTI EPS growth performance during the performance period from January 1, 2021 to December 31, 2023, with final results not yet known for 2023.

Performance Metrics

Annual Incentive EPS and Annual Incentive Utility performance metrics are key measures of CMS’ financial and operational success.

SEC Filing

From March 21, 2024

Patricia Kessler Poppe

CEO of CMS Energy

C

Education

Master's degree in management from Stanford University; Bachelor's and Master's degrees in industrial engineering from Purdue University

Field of Expertise

Technology & Engineering - Engineering

Born

January 1, 1969 - 56 years ago

Is Founder?

No

Current Tenure

8 years 6 months (Jul 2016 - Present)

Previous Experience

Various leadership roles at DTE Energy and Consumers Energy since 2011